I Spent $360,000 To STOP Dropshipping
Published on: December 4 2022 by Hayden Bowles
I Spent $360,000 To STOP Dropshipping
Table of Contents About I Spent $360,000 To STOP Dropshipping
| startTime | durationTime | text |
| 00:00:00 | 00:00:04 | hey you good to see you here again glad |
| 00:00:02 | 00:00:05 | you're joining us on another video if |
| 00:00:04 | 00:00:07 | you are new to the channel |
| 00:00:05 | 00:00:09 | my name is hayden and on here we tok a |
| 00:00:07 | 00:00:11 | lot about business primarily ecommerce |
| 00:00:09 | 00:00:12 | as well as real estate and this video is |
| 00:00:11 | 00:00:14 | going to be no exception |
| 00:00:12 | 00:00:16 | as we were toking about something that |
| 00:00:14 | 00:00:18 | relates to some crazy tax benefits |
| 00:00:16 | 00:00:20 | as well as some crazy stuff in the |
| 00:00:18 | 00:00:22 | e-commerce space which has made me a lot |
| 00:00:20 | 00:00:24 | of money over the last four years |
| 00:00:22 | 00:00:26 | now i apologize for the crazy mess the |
| 00:00:24 | 00:00:26 | crazy hair i'm currently in the process |
| 00:00:26 | 00:00:28 | of |
| 00:00:26 | 00:00:29 | moving and it's really really weird it's |
| 00:00:28 | 00:00:30 | kind of bugging me out because there's |
| 00:00:29 | 00:00:31 | no |
| 00:00:30 | 00:00:33 | desk in front of me normally i kind of |
| 00:00:31 | 00:00:34 | like rest my elbows while i'm filming |
| 00:00:33 | 00:00:35 | these videos or have my laptop in front |
| 00:00:34 | 00:00:37 | of me |
| 00:00:35 | 00:00:39 | not today we are going off the dome so |
| 00:00:37 | 00:00:41 | hope you enjoy this video i kind of |
| 00:00:39 | 00:00:42 | want to just tok about something really |
| 00:00:41 | 00:00:44 | interesting that has |
| 00:00:42 | 00:00:47 | really helped me actually increase |
| 00:00:44 | 00:00:49 | margin increase my customer satisfaction |
| 00:00:47 | 00:00:50 | lower the amount of support requests |
| 00:00:49 | 00:00:51 | we're getting which means paying the |
| 00:00:50 | 00:00:53 | support people less |
| 00:00:51 | 00:00:54 | increasing the quality of the customer |
| 00:00:53 | 00:00:55 | experience and like a thousand different |
| 00:00:54 | 00:00:57 | things |
| 00:00:55 | 00:00:59 | so we're gonna tok about this and it's |
| 00:00:57 | 00:01:01 | specifically relating to drop shipping |
| 00:00:59 | 00:01:03 | versus not drop shipping and i know |
| 00:01:01 | 00:01:04 | people always go bananas when i say the |
| 00:01:03 | 00:01:05 | word drop shipping oh if it does drop |
| 00:01:04 | 00:01:06 | shipping work does this network look |
| 00:01:05 | 00:01:08 | drop shipping |
| 00:01:06 | 00:01:10 | just means you don't touch the product |
| 00:01:08 | 00:01:12 | that business model will never |
| 00:01:10 | 00:01:14 | go away i mean literally so many |
| 00:01:12 | 00:01:16 | businesses practike that model |
| 00:01:14 | 00:01:18 | it's just how you drop ships so i've |
| 00:01:16 | 00:01:19 | been doing this for over four years i've |
| 00:01:18 | 00:01:20 | done tens of millions of dollars in |
| 00:01:19 | 00:01:21 | sales |
| 00:01:20 | 00:01:24 | the majority of that has been through |
| 00:01:21 | 00:01:26 | drop shipping right the the most recent |
| 00:01:24 | 00:01:27 | many millions has not been i still do |
| 00:01:26 | 00:01:29 | dropship on occasion |
| 00:01:27 | 00:01:30 | depending on the time of the year as |
| 00:01:29 | 00:01:32 | well as the brand that i'm working on |
| 00:01:30 | 00:01:34 | so what i want to focus on in this video |
| 00:01:32 | 00:01:34 | is i want to tell you about an invoice |
| 00:01:34 | 00:01:36 | that i've paid |
| 00:01:34 | 00:01:37 | a couple of huge payments actually over |
| 00:01:36 | 00:01:38 | the last few months throughout the |
| 00:01:37 | 00:01:39 | holidays |
| 00:01:38 | 00:01:41 | which is something that relates to at |
| 00:01:39 | 00:01:42 | least my personal situation and we're |
| 00:01:41 | 00:01:44 | also going to tok about how |
| 00:01:42 | 00:01:46 | drop shipping is really changing into |
| 00:01:44 | 00:01:48 | 2021 |
| 00:01:46 | 00:01:50 | now by the time this video is coming out |
| 00:01:48 | 00:01:53 | i strongly urge you to go check out a |
| 00:01:50 | 00:01:54 | free one plus hour video that i made on |
| 00:01:53 | 00:01:56 | the youtube |
| 00:01:54 | 00:01:59 | channel showing you how to drop ship in |
| 00:01:56 | 00:02:01 | 2021 how to do ecommerce in 2021 and how |
| 00:01:59 | 00:02:03 | to run facebook ads in 2021 |
| 00:02:01 | 00:02:04 | i'll leave a link down below um you guys |
| 00:02:03 | 00:02:06 | can check that out after this |
| 00:02:04 | 00:02:07 | it just breaks down some really cool |
| 00:02:06 | 00:02:09 | practikal strategies you get to dive |
| 00:02:07 | 00:02:11 | into my computer and see all that so |
| 00:02:09 | 00:02:12 | if you guys are not familiar a few |
| 00:02:11 | 00:02:14 | months ago i made a video |
| 00:02:12 | 00:02:16 | finally explaining after 14 months in |
| 00:02:14 | 00:02:17 | the works why i'm no longer a resident |
| 00:02:16 | 00:02:19 | here in the |
| 00:02:17 | 00:02:21 | the basic united states right the 50 |
| 00:02:19 | 00:02:22 | states i toked about how i actually |
| 00:02:21 | 00:02:23 | restructured and moved everything to |
| 00:02:22 | 00:02:25 | puerto rico |
| 00:02:23 | 00:02:27 | now i'm super grateful because pretty |
| 00:02:25 | 00:02:28 | much not quite but pretty much |
| 00:02:27 | 00:02:30 | everything i do |
| 00:02:28 | 00:02:32 | is online so that gives me not only the |
| 00:02:30 | 00:02:34 | flexibility to work and travel but what |
| 00:02:32 | 00:02:36 | i realized almost two years ago |
| 00:02:34 | 00:02:38 | when i was spending months in southeast |
| 00:02:36 | 00:02:41 | asia and in europe |
| 00:02:38 | 00:02:42 | i realized why am i in the u.s not only |
| 00:02:41 | 00:02:44 | is it expensive |
| 00:02:42 | 00:02:45 | but the taxes are horrendous and i know |
| 00:02:44 | 00:02:47 | there's places that are terrible |
| 00:02:45 | 00:02:49 | but since i'm able to pretty much just |
| 00:02:47 | 00:02:50 | pick up and move it gives me a lot of |
| 00:02:49 | 00:02:51 | flexibility so i started looking into |
| 00:02:50 | 00:02:53 | other options |
| 00:02:51 | 00:02:56 | now i'm a resident in puerto rico and my |
| 00:02:53 | 00:02:58 | tax structure has drastikally changed |
| 00:02:56 | 00:02:59 | for the better for me now you gotta |
| 00:02:58 | 00:03:01 | realize people get mad all |
| 00:02:59 | 00:03:03 | they're not paying taxes well it just |
| 00:03:01 | 00:03:05 | means a business owner slash investor |
| 00:03:03 | 00:03:06 | now has more money to invest |
| 00:03:05 | 00:03:08 | which keeps the economy moving so it's |
| 00:03:06 | 00:03:10 | really all the same nonetheless |
| 00:03:08 | 00:03:12 | one thing i did this year i actually |
| 00:03:10 | 00:03:14 | took a new brand that i've been working |
| 00:03:12 | 00:03:16 | on for probably 10 months |
| 00:03:14 | 00:03:17 | and i took it from drop shipping where |
| 00:03:16 | 00:03:18 | it's been dropshipping the last nine |
| 00:03:17 | 00:03:21 | months |
| 00:03:18 | 00:03:22 | i took it from drop shipping to not drop |
| 00:03:21 | 00:03:24 | shipping |
| 00:03:22 | 00:03:25 | wow absolutely phenomenal but i did this |
| 00:03:24 | 00:03:27 | in a bigger way than i normally do and |
| 00:03:25 | 00:03:28 | that's why i want to tok about it so |
| 00:03:27 | 00:03:30 | there's three things i do when i |
| 00:03:28 | 00:03:32 | determine if i should take something |
| 00:03:30 | 00:03:34 | from a profitable drop shipping store |
| 00:03:32 | 00:03:35 | into a brand the difference for me |
| 00:03:34 | 00:03:37 | between drop shipping and just a normal |
| 00:03:35 | 00:03:38 | store and a brand when i use the word |
| 00:03:37 | 00:03:40 | brand |
| 00:03:38 | 00:03:42 | it's something that i plan on having for |
| 00:03:40 | 00:03:44 | multiple years it's something i'm very |
| 00:03:42 | 00:03:45 | confident i could sell if i ever choose |
| 00:03:44 | 00:03:46 | to do so |
| 00:03:45 | 00:03:48 | and it's something where we actually put |
| 00:03:46 | 00:03:50 | attention and we have someone where |
| 00:03:48 | 00:03:52 | their job and it's not me |
| 00:03:50 | 00:03:54 | someone's job is to manage the social |
| 00:03:52 | 00:03:54 | media as well as the social media |
| 00:03:54 | 00:03:57 | content |
| 00:03:54 | 00:03:58 | as well as the social media comments all |
| 00:03:57 | 00:04:00 | of the the dm requests everything like |
| 00:03:58 | 00:04:02 | that on the facebook page |
| 00:04:00 | 00:04:04 | the instagram helping out with emails we |
| 00:04:02 | 00:04:05 | put a lot more focus into the entire |
| 00:04:04 | 00:04:06 | brand |
| 00:04:05 | 00:04:09 | basically the vision online the |
| 00:04:06 | 00:04:10 | experience from email marketing to |
| 00:04:09 | 00:04:12 | optimizing the funnel to making sure |
| 00:04:10 | 00:04:14 | that everything is as smooth as possible |
| 00:04:12 | 00:04:16 | and that really helps increase our |
| 00:04:14 | 00:04:18 | customer attention number one but also |
| 00:04:16 | 00:04:19 | the returning customer rate |
| 00:04:18 | 00:04:21 | so what i actually look for i don't want |
| 00:04:19 | 00:04:23 | to have some product that i start |
| 00:04:21 | 00:04:25 | selling for two weeks like some led |
| 00:04:23 | 00:04:26 | light strips it blows up it starts doing |
| 00:04:25 | 00:04:28 | really well |
| 00:04:26 | 00:04:29 | and then i order a bunch of inventory |
| 00:04:28 | 00:04:31 | and the product stops working or my ad |
| 00:04:29 | 00:04:32 | account gets disabled |
| 00:04:31 | 00:04:34 | so here's what i make sure i do before |
| 00:04:32 | 00:04:35 | before i go into some of these specific |
| 00:04:34 | 00:04:36 | numbers |
| 00:04:35 | 00:04:38 | on ordering inventory and why i ordered |
| 00:04:36 | 00:04:40 | a stupidly large amount of inventory |
| 00:04:38 | 00:04:43 | that was probably unnecessary |
| 00:04:40 | 00:04:44 | i want to break this down if you are |
| 00:04:43 | 00:04:47 | drop shipping here's what you should do |
| 00:04:44 | 00:04:48 | in my opinion it's purely my opinion so |
| 00:04:47 | 00:04:50 | take it take it as you will |
| 00:04:48 | 00:04:51 | and i've done it for people who don't |
| 00:04:50 | 00:04:53 | know who i am i'm not the biggest drop |
| 00:04:51 | 00:04:54 | shot the biggest ecommerce person i've |
| 00:04:53 | 00:04:56 | done tens of millions of dollars in this |
| 00:04:54 | 00:04:58 | space i make a decent living from it and |
| 00:04:56 | 00:05:00 | it allows me to invest in travel so from |
| 00:04:58 | 00:05:02 | a drop shipping perspective |
| 00:05:00 | 00:05:03 | once i have a store that is hitting at |
| 00:05:02 | 00:05:05 | least 100 to 300 000 |
| 00:05:03 | 00:05:07 | a month consistently right i'm in the |
| 00:05:05 | 00:05:09 | million to multiple million dollar a |
| 00:05:07 | 00:05:11 | year range in revenue |
| 00:05:09 | 00:05:13 | and i've been doing it consistently for |
| 00:05:11 | 00:05:15 | three months five months six months |
| 00:05:13 | 00:05:16 | the merchants are healthy because you |
| 00:05:15 | 00:05:18 | don't want something you've run up for |
| 00:05:16 | 00:05:20 | three weeks you don't really know yet |
| 00:05:18 | 00:05:21 | how the customers react to the product |
| 00:05:20 | 00:05:23 | do they like the quality do they like |
| 00:05:21 | 00:05:24 | the experience do they buy more products |
| 00:05:23 | 00:05:26 | because what if you go order inventory |
| 00:05:24 | 00:05:28 | and then all the chargebacks flood in |
| 00:05:26 | 00:05:29 | and now you lose your merchants |
| 00:05:28 | 00:05:30 | right so you want to make sure that your |
| 00:05:29 | 00:05:31 | payment processing is good your ad |
| 00:05:30 | 00:05:33 | account is good |
| 00:05:31 | 00:05:34 | you should probably set up multiple ad |
| 00:05:33 | 00:05:35 | accounts which by the way in that long |
| 00:05:34 | 00:05:37 | format video |
| 00:05:35 | 00:05:38 | i break down how you can build a secure |
| 00:05:37 | 00:05:40 | network of facebook ad accounts |
| 00:05:38 | 00:05:42 | add multiple pixels to your store and |
| 00:05:40 | 00:05:43 | just some simple stuff like that that'll |
| 00:05:42 | 00:05:45 | help back up your data so |
| 00:05:43 | 00:05:46 | be sure to check that out all that stuff |
| 00:05:45 | 00:05:47 | by the way is also found in our facebook |
| 00:05:46 | 00:05:48 | ad program |
| 00:05:47 | 00:05:50 | and you can actually see all of that |
| 00:05:48 | 00:05:51 | live i show you inside my own ad |
| 00:05:50 | 00:05:52 | accounts and that's the only place where |
| 00:05:51 | 00:05:54 | i really |
| 00:05:52 | 00:05:55 | show exactly what i do you can check |
| 00:05:54 | 00:05:56 | that out with the top link in the |
| 00:05:55 | 00:05:58 | description |
| 00:05:56 | 00:05:59 | so what i focus on is seeing consistent |
| 00:05:58 | 00:06:01 | numbers but then |
| 00:05:59 | 00:06:03 | it's always more than just numbers you |
| 00:06:01 | 00:06:04 | have to see get a sense of the customer |
| 00:06:03 | 00:06:05 | feedback tok to your support person |
| 00:06:04 | 00:06:06 | every week hey |
| 00:06:05 | 00:06:08 | how many people were upset how many |
| 00:06:06 | 00:06:10 | total inquiries did you get okay we got |
| 00:06:08 | 00:06:12 | 132 questions |
| 00:06:10 | 00:06:13 | you know 40 of them were about shipping |
| 00:06:12 | 00:06:15 | and haven't categorized them like that |
| 00:06:13 | 00:06:16 | six people were upset why were they |
| 00:06:15 | 00:06:18 | upset okay |
| 00:06:16 | 00:06:19 | you know betty in kansas was mad because |
| 00:06:18 | 00:06:21 | her product took two weeks to come in |
| 00:06:19 | 00:06:22 | okay that was not a product quality |
| 00:06:21 | 00:06:25 | issue that was a shipping issue |
| 00:06:22 | 00:06:27 | so looking at that stuff i'm okay with |
| 00:06:25 | 00:06:28 | getting angry shipping inquiries |
| 00:06:27 | 00:06:30 | if i'm looking to take something from |
| 00:06:28 | 00:06:30 | drop shipping to not drop shipping |
| 00:06:30 | 00:06:32 | because |
| 00:06:30 | 00:06:34 | if i'm having customer shipping increase |
| 00:06:32 | 00:06:36 | well that means that |
| 00:06:34 | 00:06:38 | by not drop shipping it would be even |
| 00:06:36 | 00:06:39 | better because then that shipping time |
| 00:06:38 | 00:06:41 | would be faster because now we actually |
| 00:06:39 | 00:06:42 | have the product in a warehouse so i |
| 00:06:41 | 00:06:44 | definitely look at that average shipping |
| 00:06:42 | 00:06:46 | time i make sure that the customers are |
| 00:06:44 | 00:06:47 | overall satisfied with the product |
| 00:06:46 | 00:06:50 | and then if it's showing consistent |
| 00:06:47 | 00:06:51 | numbers here's my rule of thumb |
| 00:06:50 | 00:06:53 | for any new business owner and this is |
| 00:06:51 | 00:06:55 | something i'm so grateful i did well for |
| 00:06:53 | 00:06:56 | at least 10 months um |
| 00:06:55 | 00:06:58 | for 10 months probably probably really |
| 00:06:56 | 00:06:59 | like 13 months when i first started |
| 00:06:58 | 00:07:01 | making money with e-commerce |
| 00:06:59 | 00:07:03 | i didn't take much money out of the |
| 00:07:01 | 00:07:04 | business so here's how you can think |
| 00:07:03 | 00:07:05 | about this |
| 00:07:04 | 00:07:08 | if you're starting your first drop |
| 00:07:05 | 00:07:08 | shipping store what were you doing to |
| 00:07:08 | 00:07:11 | afford |
| 00:07:08 | 00:07:12 | food rent gas all that stuff and this is |
| 00:07:11 | 00:07:14 | outside of the business but |
| 00:07:12 | 00:07:15 | what were you doing to afford that |
| 00:07:14 | 00:07:17 | before you started making a hundred |
| 00:07:15 | 00:07:19 | thousand dollars a month in revenue |
| 00:07:17 | 00:07:21 | right as long as you can not pull money |
| 00:07:19 | 00:07:23 | out of your business to cover |
| 00:07:21 | 00:07:25 | expenses like that because you found a |
| 00:07:23 | 00:07:27 | way creatively to do it before |
| 00:07:25 | 00:07:28 | if you can keep doing that and make sure |
| 00:07:27 | 00:07:30 | that you're continuing to have all this |
| 00:07:28 | 00:07:32 | money coming in in your business |
| 00:07:30 | 00:07:33 | but you keep it in the business this is |
| 00:07:32 | 00:07:35 | something that's going to be your |
| 00:07:33 | 00:07:37 | advantage what you should do |
| 00:07:35 | 00:07:39 | is basically wipe out your tax bill for |
| 00:07:37 | 00:07:42 | the year so what i did with this |
| 00:07:39 | 00:07:43 | is i tried to take all the profits that |
| 00:07:42 | 00:07:45 | we had made |
| 00:07:43 | 00:07:46 | that is still sitting in a bank account |
| 00:07:45 | 00:07:49 | it hasn't been spent on a |
| 00:07:46 | 00:07:51 | freaking new hood for my lamborghini i |
| 00:07:49 | 00:07:51 | haven't built a new pool in my backyard |
| 00:07:51 | 00:07:53 | right i haven't |
| 00:07:51 | 00:07:55 | renovated the kitchen or anything that's |
| 00:07:53 | 00:07:56 | not like a separate investment that |
| 00:07:55 | 00:07:58 | makes sense |
| 00:07:56 | 00:08:00 | it's just focused on the business you |
| 00:07:58 | 00:08:02 | put it back in this kind of goes against |
| 00:08:00 | 00:08:03 | what some people say they say oh |
| 00:08:02 | 00:08:04 | you know all the money you make you |
| 00:08:03 | 00:08:06 | gotta you gotta invest it you gotta put |
| 00:08:04 | 00:08:07 | in an index fund and super secure low |
| 00:08:06 | 00:08:09 | returns |
| 00:08:07 | 00:08:10 | be safe that's a scarcity mindset |
| 00:08:09 | 00:08:12 | because that's you |
| 00:08:10 | 00:08:14 | telling yourself that there's never |
| 00:08:12 | 00:08:15 | going to be any more money coming in |
| 00:08:14 | 00:08:17 | so at first you should be focused on |
| 00:08:15 | 00:08:18 | your business i did this for years |
| 00:08:17 | 00:08:20 | before i ever made an investment |
| 00:08:18 | 00:08:22 | and i'm not saying it's right or wrong |
| 00:08:20 | 00:08:24 | this is just what i did and take that |
| 00:08:22 | 00:08:25 | first year's profit take a good chunk of |
| 00:08:24 | 00:08:27 | it 60 |
| 00:08:25 | 00:08:28 | 70 whatever you want to do and go buy |
| 00:08:27 | 00:08:30 | inventory okay |
| 00:08:28 | 00:08:32 | work with the 3pl it's a third-party |
| 00:08:30 | 00:08:33 | logistiks center you can use anywhere in |
| 00:08:32 | 00:08:34 | the world there's literally probably |
| 00:08:33 | 00:08:36 | thousands of them |
| 00:08:34 | 00:08:37 | and go ahead and buy inventory so it's |
| 00:08:36 | 00:08:40 | going to offer you a bunch of benefits |
| 00:08:37 | 00:08:42 | number one the obvious the tax benefit |
| 00:08:40 | 00:08:43 | is huge you just made all this profit |
| 00:08:42 | 00:08:46 | and now on paper |
| 00:08:43 | 00:08:47 | your net profit is gonna be way way down |
| 00:08:46 | 00:08:49 | so it helps you there |
| 00:08:47 | 00:08:50 | and you're already gonna sell the |
| 00:08:49 | 00:08:53 | inventory you already know that but it |
| 00:08:50 | 00:08:55 | helps you in a few other key ways |
| 00:08:53 | 00:08:56 | when i start working with with my main |
| 00:08:55 | 00:08:58 | supplier every time it's basically the |
| 00:08:56 | 00:08:59 | same person for every brand |
| 00:08:58 | 00:09:01 | unless there's a huge issue or |
| 00:08:59 | 00:09:03 | difference with pricing i |
| 00:09:01 | 00:09:05 | when i send them inventory when we order |
| 00:09:03 | 00:09:07 | all the inventory i say hey |
| 00:09:05 | 00:09:09 | you're gonna include custom packaging |
| 00:09:07 | 00:09:10 | except for one of my brands where the |
| 00:09:09 | 00:09:11 | box is probably |
| 00:09:10 | 00:09:13 | this big it's basically a foot and a |
| 00:09:11 | 00:09:15 | half by six inches by eight inches the |
| 00:09:13 | 00:09:16 | box is pretty big |
| 00:09:15 | 00:09:19 | with everything else where it's smaller |
| 00:09:16 | 00:09:19 | or it's a packaging i say include it for |
| 00:09:19 | 00:09:22 | free |
| 00:09:19 | 00:09:23 | and if you're going to order 200 000 or |
| 00:09:22 | 00:09:24 | 400 000 |
| 00:09:23 | 00:09:27 | with the inventory you can usually get |
| 00:09:24 | 00:09:29 | them to work on a very good rate or free |
| 00:09:27 | 00:09:30 | for your custom packaging so these other |
| 00:09:29 | 00:09:32 | benefits would include |
| 00:09:30 | 00:09:33 | faster shipping a whole lot faster you |
| 00:09:32 | 00:09:36 | go from two weeks |
| 00:09:33 | 00:09:37 | to four to five days so you get that |
| 00:09:36 | 00:09:39 | done you might be paying |
| 00:09:37 | 00:09:41 | 80 cents or one dollar per order for |
| 00:09:39 | 00:09:43 | fulfillment on a 35 |
| 00:09:41 | 00:09:44 | order before upsells and other stuff so |
| 00:09:43 | 00:09:46 | it's really not that bad |
| 00:09:44 | 00:09:47 | but you get to drop your shipping time |
| 00:09:46 | 00:09:49 | your product quality is probably the |
| 00:09:47 | 00:09:50 | same but your experience for the |
| 00:09:49 | 00:09:52 | customer is better |
| 00:09:50 | 00:09:54 | and this actually increases the |
| 00:09:52 | 00:09:56 | perceived quality of your product |
| 00:09:54 | 00:09:57 | because the packaging is great so get |
| 00:09:56 | 00:09:58 | custom packaging |
| 00:09:57 | 00:10:00 | they're going to probably post it on |
| 00:09:58 | 00:10:02 | social media they can start tagging you |
| 00:10:00 | 00:10:03 | this is how you build a brand i |
| 00:10:02 | 00:10:04 | completely plaster the box or the |
| 00:10:03 | 00:10:06 | package |
| 00:10:04 | 00:10:08 | with our social media we got our |
| 00:10:06 | 00:10:10 | instagram on there our facebook |
| 00:10:08 | 00:10:11 | and a really cool design so don't cheap |
| 00:10:10 | 00:10:13 | out on the packaging even if it costs |
| 00:10:11 | 00:10:14 | you an extra 20 cents to put some colors |
| 00:10:13 | 00:10:16 | and text on there |
| 00:10:14 | 00:10:18 | it's usually a really great move because |
| 00:10:16 | 00:10:19 | as you start doing giveaways and doing |
| 00:10:18 | 00:10:22 | more brand based stuff |
| 00:10:19 | 00:10:24 | having people take pictures even if they |
| 00:10:22 | 00:10:26 | have 34 followers and they live in texas |
| 00:10:24 | 00:10:28 | well they tag you on instagram and then |
| 00:10:26 | 00:10:30 | you repost it on your guys's instagram |
| 00:10:28 | 00:10:31 | and you just do that with every customer |
| 00:10:30 | 00:10:32 | it really just first of all that |
| 00:10:31 | 00:10:33 | customer is going to be a customer |
| 00:10:32 | 00:10:35 | review for |
| 00:10:33 | 00:10:37 | life because you repost it but they're |
| 00:10:35 | 00:10:39 | absolutely going to love what you did so |
| 00:10:37 | 00:10:41 | that is something to focus on for sure |
| 00:10:39 | 00:10:42 | and that's also a huge reason why i love |
| 00:10:41 | 00:10:44 | ordering the inventory |
| 00:10:42 | 00:10:46 | is because it's almost like you're |
| 00:10:44 | 00:10:47 | locking yourself in you spend |
| 00:10:46 | 00:10:49 | almost all the money that you've made in |
| 00:10:47 | 00:10:51 | profit you're going to be committed to |
| 00:10:49 | 00:10:52 | it you're going to make sure it works |
| 00:10:51 | 00:10:52 | and you're going to put a lot more |
| 00:10:52 | 00:10:54 | attention on it |
| 00:10:52 | 00:10:56 | and it's overall going to go better so |
| 00:10:54 | 00:10:58 | just to summarize here the tax benefits |
| 00:10:56 | 00:10:59 | the customer benefits people are going |
| 00:10:58 | 00:11:00 | to love you way more the long-term |
| 00:10:59 | 00:11:01 | benefits |
| 00:11:00 | 00:11:03 | and it's going to make sure that you're |
| 00:11:01 | 00:11:04 | dedicated and consistent but just make |
| 00:11:03 | 00:11:06 | sure that you have |
| 00:11:04 | 00:11:08 | consistent sales coming in a healthy |
| 00:11:06 | 00:11:09 | payment processor make sure you've |
| 00:11:08 | 00:11:11 | spoken to them |
| 00:11:09 | 00:11:12 | everything is good make sure you have |
| 00:11:11 | 00:11:14 | everything set up with your social media |
| 00:11:12 | 00:11:14 | and then you can start working on |
| 00:11:14 | 00:11:16 | ordering |
| 00:11:14 | 00:11:17 | inventory so there's a lot of things |
| 00:11:16 | 00:11:18 | like that and then once you have your |
| 00:11:17 | 00:11:19 | own packaging |
| 00:11:18 | 00:11:20 | then you can start taking some really |
| 00:11:19 | 00:11:21 | cool custom content so there's so many |
| 00:11:20 | 00:11:23 | cool things |
| 00:11:21 | 00:11:25 | but this is how i pull something out of |
| 00:11:23 | 00:11:26 | drop shipping |
| 00:11:25 | 00:11:28 | into being an actual brand you know it |
| 00:11:26 | 00:11:30 | takes time to really become a brand but |
| 00:11:28 | 00:11:31 | you can start working on that customer |
| 00:11:30 | 00:11:32 | experience and that's definitely the |
| 00:11:31 | 00:11:34 | first step |
| 00:11:32 | 00:11:35 | in the right direction so if you guys |
| 00:11:34 | 00:11:35 | want to learn how to do this from |
| 00:11:35 | 00:11:37 | scratch |
| 00:11:35 | 00:11:39 | be sure to check out the top link in the |
| 00:11:37 | 00:11:41 | description breaking down exactly what i |
| 00:11:39 | 00:11:43 | do and letting you see it live |
| 00:11:41 | 00:11:45 | as i build multiple ecommerce stores i |
| 00:11:43 | 00:11:47 | run all the ads from scratch |
| 00:11:45 | 00:11:48 | manage it and scale it not to 500 a day |
| 00:11:47 | 00:11:51 | but you know it's |
| 00:11:48 | 00:11:53 | 30 000 a day 50 000 a day 100 000 a day |
| 00:11:51 | 00:11:53 | i break all that down and i show it to |
| 00:11:53 | 00:11:55 | you |
| 00:11:53 | 00:11:56 | live so be sure to check that out if you |
| 00:11:55 | 00:11:58 | have any questions i would love to help |
| 00:11:56 | 00:11:59 | you out and have a conversation with you |
| 00:11:58 | 00:12:00 | in the comment section down below |
| 00:11:59 | 00:12:02 | if you enjoyed the video make sure to |
| 00:12:00 | 00:12:03 | drop like subscribe and with that being |
| 00:12:02 | 00:12:11 | said i'll be seeing you |
| 00:12:03 | 00:12:11 | in the next video peace |
| 00:12:13 | 00:12:15 | you |
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